Sounds like the EU is going to have fun with this one. Ads on social media must be clearly marked. If not, Spez’s welcome in the big leagues is a big fine.

Can’t show ads in my feed if I don’t have a feed!

This is the best summary I could come up with:

Today, it expanded on that practice with a new ad format that looks to sell things to Reddit users.

Simultaneously, Reddit has marketers who are interested in pushing products to users through seemingly legitimate accounts.

In a blog post today, Reddit announced that its Dynamic Product Ads are entering public beta globally.

Reddit’s Dynamic Product Ads can automatically show users ads “based on the products they’ve previously engaged with on the advertiser’s site” and/or “based on what people engage with on Reddit or advertiser sites,” per the blog.

The stance has been increasingly clear over the past year, as Reddit became rather vocal about the fact that it’s never been profitable.

In June, the company started charging for API access, resulting in numerous valued third-party Reddit apps closing and messy user protests that left a bad taste in countless long-time users’ and moderators’ mouths.

The original article contains 493 words, the summary contains 142 words. Saved 71%. I’m a bot and I’m open source!